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Liberty General Insurance Rolls out AI-Based Automated Car Inspections
Friday, March 12, 2021 10:30AM IST (5:00AM GMT)
Mumbai, Maharashtra, India: Liberty General Insurance has automated vehicle inspections for car insurance policy renewals and claim assessments using AI-based technology. This is expected to transform the car inspection process, which is currently dominated by manual inspections - a people intensive job leading to delays in the claims and policy issuance process.
Under the AI-based inspection process, for renewing
car insurance and/or for claim assessment customers will just have to capture the photos or videos of their car and upload them on the Liv Mobile App or on the link shared with them. These photos or videos are sent to the cloud and an automated inspection report, covering damage and claim assessment, gets generated within a few seconds. The automated process replaces humans in rep
California-based digital fitness company Onyx for an undisclosed amount.
In a statement, Curefit said the acquisition of Onyx is a step towards improving its computer vision technology for its at-home fitness product, as well as in expanding its international business.
Speaking on the acquisition,
Curefit Co-founder Mukesh Bansal, said,
“The 20s will be the decade of digital health. Onyx will accelerate our efforts towards building a hardware-agnostic AI-led platform that offers guided content on physical and mental wellness, and nutrition all at the same place. Users will get a personalised experience with high-quality tech and human touch, and will be able to achieve their fitness goals from the comfort of their homes without spending on expensive hardware.”